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Earnings Scheduled For March 8 (DMND, SVN, AVAV, BF-B, FMCN, DKS, CKEC, BKCC, CAS, SAM, AHS, CPIX, AREX)
Tuesday, March 8, 2011 - 2:28am | 377Diamond Foods Inc (NASDAQ: DMND) is estimated to report its Q2 EPS at $0.89 on revenue of $265.13 million. 7 Days Group Holdings Limited (NYSE: SVN) is expected to report its Q4 EPS at $0.13 on revenue of $65.83 million. AeroVironment Inc (NASDAQ: AVAV) is projected to post its FQ3 earnings at $...
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Stocks To Watch For March 8 (URBN, DMND, BSFT, DKS, CASY)
Tuesday, March 8, 2011 - 2:16am | 344Some of the stocks that may grab investor focus today are: Urban Outfitters Inc (NASDAQ: URBN) reported its FQ4 net income at $75.2 million, or $0.45 per share, versus $77.7 million, or $0.45 per share, in the year-ago period. The company's sales increased 14% y/y to $668.4 million. However,...
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Hershey's Hitting 52-Week High (HSY)
Monday, March 7, 2011 - 4:15pm | 26Hershey's (NYSE: HSY) is hitting a 52-week high today, currently trading over 0.8% higher than yesterday's levels.
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Del Monte Foods Stockholders Approve Merger Agreement
Monday, March 7, 2011 - 2:08pm | 129Del Monte Foods Company (NYSE: DLM) today announced that its stockholders have voted to approve the proposed merger with an affiliate of an investor group led by funds affiliated with Kohlberg Kravis Roberts & Co. L.P., Vestar Capital Partners and Centerview Capital, L.P. The merger was...
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Zhongpin Announces Follow-on Offering of 5M Shares
Monday, March 7, 2011 - 8:20am | 56Zhongpin Inc. (Nasdaq: HOGS) today announced that it has begun a follow-on common stock offering. Zhongpin will offer 5 million shares of common stock and non management stockholders will offer 530,000 shares of common stock, with an over-allotment option of up to 15 percent of the offering size.
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Nestle Not Looking For U.S. Coffee Deals
Sunday, March 6, 2011 - 3:24am | 193Nestle (PK: NSRGY), the world's largest food company, will make due with the brands it has and move forward with those labels in the fight to become a dominant player in the single-cup coffee market in the U.S. Nestle Chief Executive Officer Paul Bulcke said in an interview with Bloomberg News that...
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P&G, Colgate May Bid For Unilever's Sanex Unit
Saturday, March 5, 2011 - 11:06pm | 239Unilever (NYSE: UN), the Anglo-Dutch consumer products giant, is shopping its Sanex unit, a business that was the company's primary reason for acquiring Sara Lee's (NYSE: SLE) international toiletries business in December for $1.69 billion, in sale that is being forced by the European Union due to...
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Zhongpin Reports FY 2010 EPS of $1.65 vs. $1.46 Year Ago
Friday, March 4, 2011 - 4:11pm | 87Zhongpin Inc. (Nasdaq: HOGS) today reported higher revenues, net income, and earnings per share for the year 2010. Revenues increased 30% to $946.7 million in 2010 from $726.0 million in 2009. Net income increased 28% to $58.3 million in 2010 from $45.6 million in 2009. Basic earnings per share...
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Five Stocks For St. Patrick's Day 2011 (SAM, DEO, KO, TSN, AAPL)
Friday, March 4, 2011 - 3:11pm | 460Many may not believe St. Patrick's Day is comparable to consumer-driven holidays like Thanksgiving or Christmas as far as the stock market is concerned, but you may be surprised to learn just what kind of opportunities this Irish celebration presents. While it is true that there is very little...
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This is a Melting Up Market 03-03-2011
Thursday, March 3, 2011 - 6:13pm | 760Cusick's Corner Prices continue to melt up. The shorts never showed up into the After Hours at key resistance areas. This grind higher is also putting a lot of pressure on the shorts, specifically those who shorted Tuesday, which is yet another short-term catalyst to the upside. I have the S&...
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Slow Grind Squeezes Shorts 03-03-2011
Thursday, March 3, 2011 - 3:34pm | 871Cusick's Corner Dollar weak, Oil stable (for now) and the rest of the world readying to fight inflation -- the market is up across the board. The data both domestically and internationally is coming in better than expected, ramping up expectations of further upticks in employment and economic...
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Stocks Making All Time Highs (CERN, SJM, MKC)
Thursday, March 3, 2011 - 1:08pm | 154A few stocks are making all-time highs today. Cerner Corporation (NASDAQ: CERN) is up $2.18 to $104.05, a gain of 2.1% on a little less than 200,000 shares. Cerner Corporation provides healthcare information technology, healthcare devices, and content solutions for healthcare organizations and...
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Calls Purchased on Chiquita Brands International (CQB)
Thursday, March 3, 2011 - 10:31am | 143Shares of Chiquita Brands International (NYSE: CQB) are lower on the session by 1.93%, currently trading at $15.25. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A...
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J.P. Morgan Issues Update On H.J. Heinz Q3, Announces Brazilian Deal (HNZ)
Thursday, March 3, 2011 - 9:45am | 105J.P. Morgan issued a research report earlier this morning announcing H.J. Heinz (NYSE: HNZ) Q3 results and 80% stak in Queros, a Brazilian food company with annual revenue of approximately $325 million. "Heinz reported 3Q11 (January) adjusted EPS this morning of $0.84, in line with its $0.84 3Q EPS...
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Chiquita's 4Q Disappoints, BB&T Reiterates Buy Rating
Thursday, March 3, 2011 - 8:50am | 227BB&T Capital Markets has published a research report on Chiquita Brands International (NYSE: CQB) after the company reported losses during its 4Q. In the report, BB&T writes "Chiquita reported a Q4 loss of $0.39 (ex convertible interest expense) as compared to our...